TGHI (Touchpoint Group Holdings) Days Payable: 1,171.53 (As of Sep. 2022)


TGHI Touchpoint Group Holdings Inc TGHI
16 GF Score
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What is Touchpoint Group Holdings Days Payable?

Touchpoint Group Holdings TGHI -99.00% 16 Days Payable is 1,171.53 as of Sep. 2022. GuruFocus rates TGHI with a GF Score™ of 16/100.

Touchpoint Group Holdings's average Accounts Payable for the three months ended in Sep. 2022 was $0.40 Mil. Touchpoint Group Holdings's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.03 Mil. Hence, Touchpoint Group Holdings's Days Payable for the three months ended in Sep. 2022 was 1,171.53.

The historical rank and industry rank for Touchpoint Group Holdings's Days Payable or its related term are showing as below:

TGHI's Days Payable is not ranked *
in the Software industry.
Industry Median: 53.675
* Ranked among companies with meaningful Days Payable only.

Touchpoint Group Holdings's Days Payable increased from Sep. 2021 (167.62) to Sep. 2022 (1,171.53). It may suggest that Touchpoint Group Holdings delayed paying its suppliers.

Touchpoint Group Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Touchpoint Group Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Touchpoint Group Holdings Days Payable Chart

Touchpoint Group Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.43 44.01 275.55 277.53 213.19

Touchpoint Group Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 167.62 187.64 1,059.68 1,168.59 1,171.53

TGHI vs WDDD, MAPT, TRIRF: Days Payable Comparison

For the Software - Application subindustry, Touchpoint Group Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Touchpoint Group Holdings Days Payable vs Software Industry

For the Software industry and Technology sector, Touchpoint Group Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Touchpoint Group Holdings's Days Payable falls into.


TGHI
16GF Score
Touchpoint Group Holdings Inc TGHI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Touchpoint Group Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Touchpoint Group Holdings's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.314 + 0.339) / 2 ) / 0.559*365
=0.3265 / 0.559*365
=213.19

Touchpoint Group Holdings's Days Payable for the quarter that ended in Sep. 2022 is calculated as:

Days Payable (Q: Sep. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2022 ) + Accounts Payable (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.413 + 0.383) / 2 ) / 0.031*365 / 4
=0.398 / 0.031*365 / 4
=1,171.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 1,171.53 mean?
Touchpoint Group Holdings (TGHI) has a Days Payable of 1,171.53 as of Sep. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Touchpoint Group Holdings and its competitors.
Is Touchpoint Group Holdings' Days Payable too high?
Touchpoint Group Holdings' current Days Payable is 1,171.53. The Software industry median Days Payable is 53.68. Touchpoint Group Holdings' value of 1,171.53 is 2082.6% above this industry median. Overall, Touchpoint Group Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Touchpoint Group Holdings' Days Payable compare to WDDD and MAPT?
Touchpoint Group Holdings' Days Payable of 1,171.53 can be compared against companies in the Software industry. The industry median Days Payable is 53.68. Touchpoint Group Holdings' value of 1,171.53 is 2082.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Software company?
The median Days Payable among Software companies is 53.68, based on 2,600 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Touchpoint Group Holdings's current Days Payable of 1,171.53 is 2082.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Touchpoint Group Holdings and its competitors. For the Software industry, the median Days Payable is 53.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Touchpoint Group Holdings's current Days Payable is 1,171.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Touchpoint Group Holdings stock overvalued right now?
Touchpoint Group Holdings (TGHI) has a current Days Payable of 1,171.53. The current Days Payable is 1,171.53 and 2082.6% above the Software industry median of 53.68. Touchpoint Group Holdings' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Touchpoint Group Holdings (TGHI), the current Days Payable is 1,171.53 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Touchpoint Group Holdings Business Description

Address 4300 Biscayne Boulelvard, Suite 203, Miami, FL, USA, 33137
Touchpoint Group Holdings Inc is a media and digital technology company. The company, through its subsidiaries, develops software that supplies a robust fan engagement platform designed to enhance the fan experience and drive commercial aspects of the sports and entertainment business. The software brings the users to engage with clubs, favorite players, peers, and relevant brands through features that include live streaming, access to limited edition merchandise, gamification, user rewards, third-party-branded offers, credit cards, and associated benefits.
16GF Score

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